Brightstar Lottery Announces $0.20 Dividend, Yield at 5.4%

Brightstar Lottery (NYSE:BRSL) announced a $0.20 dividend per share on August 26, yielding 5.4%. Although the dividend is unsustainable, the company's free cash flow coverage is high, and EPS is forecast to grow rapidly. However, the dividend history has been unstable with at least one cut in the last 10 years, and the company is not yet profitable.

Brightstar Lottery PLC (NYSE:BRSL) reported its second quarter 2025 financial results, highlighting a 3% growth in global same-store sales for instant ticket and draw games, and a double-digit increase in product sales revenue [1]. Despite these gains, the company reported a loss from continuing operations of $60 million, primarily due to a $99 million non-cash impact from foreign currency translation and a $21 million restructuring charge associated with the upsized OPtiMa 3.0 cost reduction program. The company delivered an Adjusted EBITDA of $274 million, demonstrating resilience despite incremental investments and multi-state jackpot dynamics [1].

Brightstar's strong financial condition was evident with significant liquidity of $2.9 billion. The company also launched a $250 million accelerated share repurchase program and reaffirmed its 2025 Adjusted EBITDA outlook, with cash flow improvements [1].

On August 26, Brightstar announced a quarterly cash dividend of $0.20 per common share, yielding 5.4%. Although the dividend is unsustainable, the company's free cash flow coverage is high, and EPS is forecast to grow rapidly. However, the dividend history has been unstable, with at least one cut in the last 10 years, and the company is not yet profitable [1].

References:
[1] https://www.prnewswire.com/news-releases/brightstar-lottery-plc-reports-second-quarter-2025-results-302515361.html